Description

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In this episode, Lachlan Stuart discusses the importance of financial wellbeing and shares his personal journey towards improving his own financial situation. He emphasizes the key components of financial wellbeing, such as cashflow, savings, and investments.

Lachlan provides a framework of financial checkpoints, ranging from financial dependency to financial abundance, and encourages listeners to determine their own financial goals. He also highlights the importance of having a growth mindset when it comes to money and offers practical tips for learning and improving financial literacy.

Takeaways

• Financial wellbeing is an important aspect of overall wellbeing, and it includes components such as cashflow, savings, and investments.
• It's important to determine your own financial goals and work towards achieving them.
• Having a growth mindset when it comes to money is crucial for learning and improving financial literacy.
• Investing 15-30 minutes a day into learning about personal finance can help remove financial stress from your life.
• There are resources available, such as books and podcasts, that can help improve financial literacy and provide guidance on financial planning and investing.

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